2425 Capitol AveDes MoinesIA50317
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Des Moines at 2425 Capitol Ave, Des Moines, IA, 50317 uses $78,897 cash to close to unlock $4,850/yr annual cash flow and $404/mo monthly cash flow. Total monthly income runs $1,950/mo, and a $1,165/mo payment keeps the spread at $404/mo. Purchase price stands at $238,000, and rental yield measures 9.83% with $1,950/mo rent. Return on cash invested shows 26.06% in year one, and 5% annual appreciation builds toward $65,755 over five years. Five-year ROI reaches 136.26% and total cumulative return in cash records $107,506. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,950/mo property income covering a $1,165/mo payment rather than investor’s personal income.
Single Family
Built in 1914
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50317, Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,159 (100%) |
| Owner Occupied HU | 10,616 (65.7%) |
| Renter Occupied HU | 4,615 (28.6%) |
| Vacant Housing Units | 928 ( 5.7%) |
| Median Home Value | $194,343 |
| Average Home Value | $254,761 |
Housing Distribution
Address Breakdown
Residential
15,138
Single Family
14,021
Multi-Family
1,117
Businesses
755
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Listed by: Ryan Rohlf • Keller Williams Legacy Group
Mls Name: CIBR
Mls Provider:
Mls ID: #68118
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.